Announcement

Collapse
No announcement yet.

Land prices in Issan

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Eight of the 10 neighbors in my subdivision are from Nakorn Si Thammarat or points further south. They are all retired government workers who saw the writing on the wall and moved to Isaan.

    Comment


    • #17
      So 2 years and a coup later, are prices still rising or stalled?

      Comment


      • #18
        Originally posted by peterplonker View Post
        its only a sale when the money is in your hand.
        Good advice, especially here. The bluster is strong.

        Comment


        • #19
          The boom has seemed to pass.

          Land prices have become stable.

          Expect this to change and fluctuate again, regionally.

          Comment


          • #20
            Falangs cannot own land in Thailand, illegal.

            Comment


            • #21
              Originally posted by MrBlobby View Post
              Falangs cannot own land in Thailand, illegal.
              Keep repeating that myth until you, and others, have been convinced of this lark.

              Comment


              • #22
                We bought some land about an hour east of Udon for 55k/rai, but it's worth about 100k (it was undervalued as it had no power - they were installing power lines when we rocked up to view it, much to the agent's chagrin).

                He valued an empty village plot about 30 mins east of Udon at 1.2m/rai.

                But yes, a lot of land is over-valued. I remember looking at land in San Khamphaeng with DrB0b and Frisky over 10 years ago. Those plots are marketed at up to 10 times that nowadays.

                Comment


                • #23
                  Originally posted by Marmite the Dog View Post
                  We bought some land about an hour east of Udon for 55k/rai, but it's worth about 100k (it was undervalued as it had no power - they were installing power lines when we rocked up to view it, much to the agent's chagrin).

                  He valued an empty village plot about 30 mins east of Udon at 1.2m/rai.

                  But yes, a lot of land is over-valued. I remember looking at land in San Khamphaeng with DrB0b and Frisky over 10 years ago. Those plots are marketed at up to 10 times that nowadays.
                  Seems to be a trend of the last decade, as it continues upward and over-valued.
                  Even common paddy-land applies.

                  Yet, varies upon locale.

                  Comment


                  • #24
                    Originally posted by DrSongpong View Post
                    Seems to be a trend of the last decade, as it continues upward and over-valued.
                    Even common paddy-land applies.

                    Yet, varies upon locale.
                    Sadly, I was only earning twice as much as Smeg at the time, so didn't have the money to buy any of the plots I liked.

                    Comment


                    • #25
                      Originally posted by DrSongpong View Post
                      Keep repeating that myth until you, and others, have been convinced of this lark.
                      So am I legit in that respect now

                      Comment


                      • #26
                        Originally posted by MrBlobby View Post
                        So am I legit in that respect now

                        Depends on one's definition of legit.

                        Comment


                        • #27
                          Seem to recall there was a push on Thais who were named as company shareholders having to show where they got the cash from, a few years back.

                          Comment

                          Working...
                          X